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Re:Greeks Reject Bailout Terms by elorant on Sunday July 05, 2015 @05:54PM (#9835197)
Wow the amount of ignorance in this comment is staggering. Many countries have deficits for decades. Greece’s debt ballooned once we entered the Eurozone. From the hundreds of billions given as loans less than 20% went to our economy. Most were used to bailout EU banks, namely French and German ones. Greece never lived up to the agreement? Then how on earth did our GDP fall by 30% in five years? How come unemployment in young people reached 50% if we did nothing of what was agreed?

The reason we rejected the last bailout was because it didn’t include any terms of debt relief which is the only way for the economy to recover. That and Tsipra’s incompetence paired by an equal amount of incompetence and lies from EU officials. As the saying goes, it takes two to tango.

I’m not surprised that you are from Germany (I guess you read Bild a lot). Well I’m Greek and I have news for you. In 1954 we wrote off 50% of your debt to us. And we did it despite the fact that ten years ago you’ve invaded our country and wrecked havoc doing monstrosities like murdering whole villages including kids. We did out of solidarity to help your economy grow. It’s time now you do the same. It’s either that or we default and you can kiss your 70 bn loans goodbye. And then you can return to your miserable Mark because Euro will collapse sooner or later.

Re:Greeks Reject Bailout Terms by revanx_ on Sunday July 05, 2015 @05:59PM (#9835213)
"Greece’s debt ballooned once we entered the Eurozone"

It ballooned because when you entered the euro your country was now able to acquire and spend much more debt then before.

Re:Greeks Reject Bailout Terms by elorant on Sunday July 05, 2015 @06:09PM (#9835249)
And as much it was our fault to borrow money like there was no tomorrow it was ECB’s too that looked the other way.
Re:Greeks Reject Bailout Terms by bitmapbrother on Monday July 06, 2015 @03:34AM (#9837414)
I don't think it's ignorance you're experiencing, but rather common sense. When you borrow money you're usually obligated to pay it back. It's really that simple. Your people borrowed more money than they could afford to live lavishly. Times were good and you thought it would never end - and then the financial collapse occurred and it was all over. Your debts became due and you couldn't pay so you kept borrowing more money to pay back loans you could never repay without making the necessary sacrifices to do so.

If you feel your country is owed money from Germany then by all means go and try to collect it so that you can apply it to your +350 Billion Euro debt. Although, I have a feeling that the money Germany owes you is just a drop in the bucket for what you owe.

Congratulations on your "No" vote and good luck on your exit from the Euro.

Re:Greeks Reject Bailout Terms by exceptione on Sunday July 05, 2015 @09:12PM (#9836024)

  The reason we rejected thelast bailout was because it didn’t include any
 terms of debt relief which is the only way for the economy to recover.
Well, according to many the way to recover is to make sure the state doesn't spend too much. The public sector is way too big and inefficient. Many european voters were against plunging into depts so that the money could be sent to greece. European leaders did it in anyway, in part to save the banks. Everyone in the other euro countries is carrying a huge dept for you right now, thousands of euro's even for newborns.

Even though the european leaders vowed to their voters that all their money was going to be paid back to them, Greece had to pay back less than the european voters gave due to low interest and generous installments. Some earlier debts were written off already.

Also, if Greece would have started to give the creditors slight hints that they were actually making the economy more healthy, than it would be easier for the euro leaders to break their pledges and forgive debts.

The current economy doesn't suffer from the debts, it is suffering because it is structurally broken. Before Tsipras started to take over, the economy was getting better. He increased government spending.

Even if all Greece's debts were forgiven, it would still have the problem of a third world economy. RIGHT NOW Tsipras is asking for more money, because the economy is structurally not sustainable.

Re:Greeks Reject Bailout Terms by orbifold on Sunday July 05, 2015 @08:21PM (#9835848)
I'm sorry but Greece almost certainly didn't forgive debts then out of solidarity, but because it was told to do so by the US. In case you didn't know your country was ruled by a British/US puppet government at that time.